9105 Centennial CtBakersfieldCA93312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Bakersfield at 9105 Centennial Ct, Bakersfield, CA, 93312 priced at $695,000 converts $5,740/mo rent into $1,174/mo cash flow after a $3,402/mo obligation. Total monthly income equals $5,740/mo, and annual cash flow totals $14,094/yr on $228,655 invested. Return on cash invested prints 26.22% in year one, and rental yield reads 9.91% against a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation compiles into $192,016 by year five. Five-year ROI reaches 137.18% and total cumulative return in cash sums $313,674. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,740/mo property income covering a $3,402/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93312, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,974 (100%) |
| Owner Occupied HU | 15,198 (76.1%) |
| Renter Occupied HU | 4,323 (21.6%) |
| Vacant Housing Units | 453 ( 2.3%) |
| Median Home Value | $426,099 |
| Average Home Value | $453,704 |
Housing Distribution
Address Breakdown
Residential
19,587
Single Family
18,974
Multi-Family
613
Businesses
769
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Listed by: William Amir Gordon • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407033
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.